Darrois Villey Maillot Brochier assisted Axel Springer SE in obtaining an unconditional clearance from the French Competition Authority to acquire Concept-Multimédia from Spir Communication
Axel Springer SE is a leading media and digital company which notably operates SeLoger.com in France. On 24 July 2017, Axel Springer SE notified to the French Competition Authority its intention to acquire Concept-Multimédia and its main brand, Logic-Immo, from Spir Communication.
Due to the overlap between SeLoger and Logic-Immo’s activities on the market for online real estate classifieds, the French Competition Authority opened an in-depth phase 2 review on 11 September 2017.
On 1 February 2018, the French Competition Authority authorized the transaction unconditionally.
The French Competition Authority opens, on average, two in-depth phase 2 reviews per year and has only once before authorized a transaction unconditionally following such an in-depth review.
The Darrois Villey Maillot Brochier team consisted of Didier Théophile (partner), Olivia Chriqui-Guiot and Constance Bocket (associates).
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